Schenectady nonprofit groups with tax liens owned by a private company will likely avoid foreclosure after Gov. Andrew Cuomo approved a bill on Tuesday that retroactively applies tax-exempt status to the organizations. Tax liens sold in Schenectady between 2004 and 2009 included some placed on formerly tax-exempt churches and other nonprofit groups, which hadn’t reapplied for tax-exempt status and ended up owing taxes that they didn’t pay. The city worked with the state Legislature to ...

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By Federal Tax code, not all non for profits are tax exempt. Code 503c3 is, 503c8 is not. The later applies to groups that are not charitable, such as Fraternal Groups and most clubs. Their federal Tax classification should be checked before giving property tax relief.